Public Relation Department of Privatization Organization reported that meeting the managing director and experts of  International Monetary Fund in Iran privatization organization and referring to the point that private sector in Iran is small while the public sector is large, Pourihosseini stated that Iranian government tended to increase the share of the private sector in economy after the end of the imposed war.  Then the government stock was gradually transferred and the law has been ratified about 18 years ago to increase the rate of transferring of the public sector and the PrivatizationOrganization was established to transfer the public stock to the private sector.

 President of Iranian Privatization Organization added: we determined thatone of the principle of  the constitution of Islamic Republic of Iran was an  obstacle for  implementing the privatization policy. The mentioned principle allowed the government possess large companies.

He continued that the principle has been modified in four years to increase the authority of Iranian Privatization Organization to implement the privatization policies quickly.

Pourihosseini stated that there are three categories of government companies regarding to the principal 44. The first category includes those companies whose whole shares should be transferred to the private sector,the second category includes the companies which should transfer 80% of their shares to the private sector, and the third category includes those companies which their whole shares belongs to the government and cannot be privatized.

He added that most of the first category companieswere privatized, while most of the second type are still working under the supervision of the government and have not privatized yet.  In addition, we should also take steps to privatize the companies in the third category.

President of Iranian Privatization Organization declared that 900 out of 2000 business enterprises and companies in which the government was the shareholder have been privatized, 600 business enterprises are still working under the supervision of the government, and 500 of them should be dissolved or merged.

 At the end, he emphasized that privatization leads to transparency in financial statements and companies reportssince assets and debts of the company should be accurately and exactly determined to set the price for transferring the company.